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  1. #1
    Kevin Pietersen
    Guest

    How much you lost before earning from Forex?

    Four times margin call at my own investment and thousands of losses that I earned from this market, but in the end when I start learning from my losses there I become possible for me to earn from this market. I recover all that I lost either and also make money from this market. This make me comfortable to trade and also give me enough money to trade here.

  2. #2
    prabowo.nitisastro
    Guest
    Like it

    Sent from my HM NOTE 1LTE using Tapatalk

  3. #3
    Senior Trader
    Join Date
    Mar 2015
    Posts
    449
    Post Thanks / Like
    Credits
    169
    My Language
    English
    Many times I have lost a lot of money from Forex trading, while still learning on how to trade the Forex market with perfect way. The losses that I made are both from the demo trading platform as well as from my live trading account too. It has taken me a lot of work to get to this point where I earn from Forex and I believe that I will continue to earn.

  4. #4
    Senior Trader
    Join Date
    Mar 2015
    Posts
    419
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    Credits
    233
    My Language
    English
    I did not loss any big amount before earning in Forex. For the reason that, I started my live trading after good practice on demo account when I was full satisfied from my trading performance then I came to trade in live trading ground. In addition, I am still doing perfect trading in my live trading account. Although, I closed some trades in minus but, my winning percentage is much high as compared to loss.

  5. #5
    Senior Trader
    Join Date
    Mar 2015
    Posts
    428
    Post Thanks / Like
    Credits
    210
    My Language
    English
    Loss is very common part in this trading business, and honestly we cannot completely remove loss from our trading. But, if we take some proper/professional steps then we can control huge loss. On the other hand, small loss is acceptable in this business. Because, we can recover our small losses very easily if we have good trading skilled. By the way, personally I crashed my real account many times. Because, wanted to make double my trading balance within very short time though I had not enough trading knowledge and experience. Then, I again concentrated on my practice account and used it for one year. Now, I am a consistent money maker trader in my live account.

  6. #6
    Admin of Indonesian Forum
    Join Date
    Oct 2014
    Location
    indonesia
    Posts
    257
    Post Thanks / Like
    Credits
    333
    My Language
    Indonesian
    As trader, I was ever being a new trader. As a new trader I made lost in my trading. I really lose big money but I was not disappointing with this experience. I even learn from the experience that after losing I will have time to get profit. True, I am more consistence with my decision to be a trader till now although I got any lost in my early time for trading. I hope that I will be a good trader for ever. I am sure.

  7. #7
    Senior Trader
    Join Date
    Mar 2015
    Posts
    444
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    Credits
    227
    My Language
    English
    Quote Originally Posted by prabowo.nitisastro View Post
    Like it

    Sent from my HM NOTE 1LTE using Tapatalk
    Trading with the technical tool is useful, but don’t rely on only the indicators! Know why? Because, most of the time they shows wrong trading signals; this is way you need to work with the fundamental analysis, thus you can filter out your entry point by enough ways.

  8. #8
    Banned
    Join Date
    Apr 2016
    Posts
    59
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    177
    My Language
    English
    I always advice traders new to Forex to avoid high leverage and high lots and if they have a good strategy should look to adjust their exit strategy to ensure long term survival of their account. By that I mean things like 500 stop losses can blow your account. Higher time frames are also recommended as it would save help you maintain a good reward to risk ratio so that your take profits can be higher than your store losses.

    http://bit.ly/2UNr4UB

  9. #9
    Trader
    Join Date
    May 2020
    Posts
    46
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    124
    My Language
    English
    I lost many times and big money at the beginning but when i started to trade well then i made money and be happy, at the beginning i made many mistakes and so that led to repeated loses and that loses was big and then i stopped and retest my strategy and improved it and changed all my trading style until got good one then i started to trade better and the mistakes are decreased until i started to make consistent profits and changed the stress and pressure and loses to happiness and profits, forex requires a trader that understand the nature of the market that knows how and when he can trade and makes money, but depending of luck or random trading will not help the trader and will lead to failure.

  10. #10
    Junior Trader
    Join Date
    Apr 2020
    Location
    Bangladesh
    Posts
    13
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    Credits
    42
    My Language
    English
    A commonly known fact is that a significant amount of forex traders fail. Various websites and blogs even go as far as to say that 70%, 80%, and even more than 90% of forex traders lose money and end up quitting. The forex website DailyFX found that many forex traders do better than that, but new traders still have a tough timing gaining ground in this market.
    Just because forex is easy to get into doesn’t mean due diligence should be avoided. Learning about forex is integral to a trader’s success. While the majority of trading knowledge comes from live trading and experience, a trader should learn everything about the forex markets, including the geopolitical and economic factors that affect a trader’s preferred currencies.


    Most traders know that it takes money to make a return on their investment. One of Forex's biggest advantages is the availability of highly leveraged accounts. This means that traders with limited starting capital can still achieve substantial profits (or indeed losses) by speculating on the price of financial assets.


    Whether a substantial investment base is achieved through the means of high leverage or high initial investment is practically irrelevant, provided that a solid risk management strategy is in place. The key here is to ensure that the investment base is sufficient. Having a sufficient amount of money in a trading account improves a trader's chances of long-term profitability significantly – and also lowers the psychological pressure that comes with trading.


    So, If you want to reduce your trading losses, Then my advice is, first invest small, if you can first practice with demo account. Because only demo account can teach you how to trade. First, if you invest big, you can lose your money. Invest small first and start. When you know more about your trading then you can invest big.
    I hope you understand.
    Thank you.

  11. ARIONFORXtarder
 

 

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